Multiple Choice
Figure 8-9
The vertical distance between points A and C represents a tax in the market.
-Refer to Figure 8-9.The imposition of the tax causes the price paid by buyers to
A) increase from $600 to $800.
B) increase from $300 to $800.
C) decrease from $600 to $300.
D) remain unchanged at $600.
Correct Answer:

Verified
Correct Answer:
Verified
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